and london because of the whopping revolution in one thousand nine hundred six but now it's clear that success came with a heavy price tag morality murdoch's journalist kept to ratings high by violating and exploiting the vulnerable they hacked the private voice mails of families of dead soldiers and of murdered children a century we've seen criminality and invasion of privacy on a staggering industrial scale not even the rich and powerful could escape then chancellor gordon brown's baby was splashed over the front page of the sun his illness a sick headline royal family phones were hacked the scandal even goes right to the heart of the police force senior police officers were bribed by journalists for tipoffs on sensitive investigations private lives were made public and now we've got. some hacking into gordon brown's private life you

have to you have to stop wonder what else is in and of course the heart of it is not just. what we call blanket these are people. information what should be private sources like better tax records it's taken thirty years for the worst fears about the british press to come true but come true they have murdoch may own successful newspapers in an ailing market but their papers which have lost their greatest asset the public's trust the u.k. has more c.c.t.v. cameras per person than anywhere else in the world i've counted eight just in this small car park so britons always know big brother is watching but the question now is what's big brother watching for and more importantly who's trying to bribe him lower and it r.t. london. but don't forget you can have your say on the scam on our message board in our dot com the question is has over martin. rushmore profits undermined the

public's trust in british journalism here's some of what's being said one poster believes that this has jilted the public's trust and will result in the break up of murdoch's strength hold on both of british media and the government and other believes that modern journalism has second objectivity you for the sake of sales i want to have your say on the issue right now at r.t. dot com. and what you are to live from moscow still have for you this hour and israel's prime minister has to step up in the fans of an anti boycott bill which aims to support settlers but has been dubbed an affront to democracy. to india were the huns on their way to find those behind three deadly blasts and move by just one where the terrorist targeting. the same credit rating agency that sparked fresh panic in the e.u. has now threatened the u.s. moody's says it's reviewing america's top aaa debt rating for

a downgrade citing the political bickering that's deadlocked budget negotiations in washington and even if the budget is approved it's unlikely that it will offer a solution to america's debt that's according to investor and co-founder of the quantum fund jim rogers. u.s. rating should have been downgraded years ago you know i don't know why they're just now getting around to it but we know that the rating agencies don't have much of a clue about anything buddhism is trying to save itself why don't they go to great portugal three years ago five years ago or greece you know they're just getting around to reality it's like the sub prime mortgages they didn't downgrade anybody until it was already over they had many people who were going bankrupt raters aaa this is political posturing and nothing more something will happen they will announce some kind of deal it will look good on paper and maybe they will even be good for six months or so but six months from now a year from no it's going to be the same old. we're not going to have much progress

and the united states is going to continue to go into a decline we have the united states is the largest debtor nation in the world and it's getting worse it's not getting better they have to increase the debt ceiling for the moment there's no question about that their choice though for the future is they've got to take an x. you know they've got to take a change so to government spending and do something about it they're not going to do that they say they're going to say they're going to do it but they're not going to do it they might announce they're going to do it for this to get the budget ceiling passed but it's not going to have any effect the public should be very worried because america's situation is dire and our debt is going up and we are in the arctic climbing standard of living is going to get worse we should be worried about that. and we also heard from american economist and radio house richard wolffe sas the u.s. economy isn't really serious trouble and the political deadlock over the budget could make the situation take over the edge. the american government can't pay its

debts for a few days and that's the most that will happen it will do a very bad job on diminishing the credit of the united states in the world economy at a very dangerous time to be brutally honest neither side neither the president the democrats nor the republicans are facing the basic issues of this economy we are in serious trouble we have very high and persistent unemployment and what we are doing is arguing over the technicalities of the debt ceiling that is going to be changed and raised as it has been every other time this theatrical drama has been rerun and meanwhile our political leaders are not dealing with the underlying problems we're facing an economic situation that is more dire than any i have seen in my lifetime of being a specialist on the american economy and i think we're seeing a growing alienation of the american people from the whole spectacle as they watch their real situation deteriorate and nothing really is being done. well the same

time the currency crisis gripping the e.u. has taken a turn for the worse is italy spurred by a string of ruinous market downturns begins to debate emergency spending cuts at two trillion dollars the world's eighth largest economy has been struggling to remain competitive since joining the eurozone but its debt has spiraled out of control a fact overlooked by mammy and the more pressing problems in the e.u. it follows a downgrade of violence dats to junk status serious blow to the eurozone as a bailout of britain bloc labor is to prop up its weakest economies u.k. e.p. paul the top told r.t. the latest developments prove the single currency union is simply not working. this was always about politics it was not about economics the idea that you could have economies in the mediterranean in line with economies like germany fast growing economies like germany was never going to work the only way to get out of this mess

is for those countries to go back home to the international court and see the value moving. into exports going in at the moment because because they couldn't see these are controlled by frankfurt they're controlled by the european central bank they're not controlled by. the people on the streets and athens and i just wonder how long it will be before the people that are. in rome down in lisbon i mean this thing is contagious this thing will move right across the continent specifically in the mediterranean and the bigger issue you know. is this really is the third largest economy in the eurozone largest economy in the world i think the eurozone can actually cope with greece and portugal the smaller economy if it's only goes the whole thing could cave in because if italy goes it's of these economies intertwined with spain's one of spain you go then we are in serious trouble. as a dam plague sweeping the e.u. spreads to italy artie's max kaiser and caesar are discussed whether the countries

gold reserves my being. making it a bigger target the kaiser report is coming your way at eleven thirty g.m.t. but here's a preview. point four hundred times ago italy it's the second biggest position in the euro zone and that's the mother lode bethink that's been the target all along the greece the ireland portugal those are side shows there are little micro countries not much of a deal there but italy's got actual gold at the i.m.f. and the people who support the i.m.f. the terrorists as i mentioned like eric cantor there helping to facilitate the thieving of that twenty four hundred tons of gold because that is meaningful. divers have lifted two more bodies from their watery to the sunken pleasure cruiser the bulgaria it brings the official death toll from russia's worst ever boating

disaster to one hundred nine now meanwhile police have made the first arrest attaining the owner of the company that rented out of the ship and the person who certified it sea worthy artists and barton is at the site for us. the first two arrests have been made in the ongoing criminal investigations the first is in new york and she's been arrested because she was the owner of the company that rented the pleasure boat for its final cruise and it's thought that she may have known about the poor condition of the ship when she made that decision to rent it the second is yaakov if a show of here's a state shipping expert and he cleared the ship as fit to sail some time ago and it's thought that he may have been negligent in making that decision they will stay in detention for around a month to be questioned and then the case will go on from there in the emergencies ministry here on the volga bank and the divers that are going out to the platform

above the sunken bowl guerrier they say their final effort is going to be made now to try and recover the lost bodies. from from the ship and however there may be some complications with that they're hoping to finish sometime later today possibly around midday but they think that they've searched most of the ship now and they haven't found all of these bodies so if they're not on the ship they may be in the water around the ship a worst case scenario maybe this some of them when the ship sank people may have unfortunately drowned in their bodies being carried by the current to worst estimate up to two hundred kilometers downstream so the search area may have to be increased for them but they're hoping to finish this search so that two special ships that have come up from foreground further down the river can start the operation later on to try and raise the ball garrioch from the bottom of the volga

and when they can see the ship up in the open air they can try and work out why the ship sank and why it sank so fast leading to so much tragedy. tom barton reporting there for us and we've got more on russia's worst boating accident on our web site log onto our t. dot com to watch the footage of the recovery efforts of divers on the volga river and there's also an interview with a former captain of the doomed ship says it was in no condition to sail long before the sinking. to other stories now india authorities have declared a state of high alert in cities across the country following three coordinated bombings that hit mumbai seventeen people are confirmed dead and over one hundred injured no one so far claimed responsibility however investigators say that a domestic terrorist group the indian mujahideen my being involved it's the deadliest terror attack in mumbai since november two thousand and eight when ten

gunmen carried out a three day raid killing one hundred sixty six people for more we can now cross live to new delhi and speak to research fellow in seat of conflict management kamar saying thank you very much for being here this mr singh now unlike previous attacks so no one's going to claim any involvement so how do you thing things behind it and what are you trying to achieve. this is the handiwork of the. back by the indian activists because under pressure from the us system is not enough to get directly in does. india for that they need the support of india. and since india still has the capacity to provide the logistics support they don't have this a boat they don't have the capacity to get the old backpacks of their own because their leaders at large there are not enough what you should do operate at their own

riyadh but another what is in karachi. so you've also pakistani establishment it is difficult for. them to carry out that their own so it is the elite the back operation will cooperate and bill archivists rated by the ira the reason being it's the use of ammonium nitrate because that is the one of the. tactics used by the i am a lid on also another is the date choosing that is thirteenth of the month i am i started most of the attacks on thirteenth or on the twenty six there is only one doubt that it is not the new world of i am is because they have not sent an e-mail which they have been using in the past but still. most probably this is the this is the act of data done by none other than you back i am

operating eps what are missing after the two thousand and eight attack india and pakistan broke off peace talks and only recently resumed down the investigation is still going on as we know but if pakistani militants are proven to be involved again what reaction would you predict this time. in fact whenever there is a peace talk there are chances of these proof being on the pakistan military. try to come and the peace talks it is not for the first time but to blame the peace talks for this or to see that it is because of the peace of the militants are doing search it's not going to be precise and this is not the precise reason the most important reason in my mind is the failure of the indian government to stop these terrorist groups acting so frequently and without any

problem and and for that matter in my opinion the most important thing for the indian in sic security establishment is to strengthen the intelligence bureau and i don't mean ib but intelligence section because it is the local police which is free to give the best of the intelligence. the we had that intelligence i've been to be had provided the other intelligence sources have provided that we have that there might be attack in mumbai delhi but they didn't have the specific inputs unless and until we have this specific inputs these attacks will go on and this docks and attacks we might relate them but it hardly matters whether there is a dot or not the terrorist whenever division they can act and this clearly shows the failure on the part of the indians and on the part of the security establishment in india. kamar singh research fellow from the in seat of conflict

management thanks very much indeed for sharing your years with us here on our team . now russia has proposed and new step by step strategy towards iran's nuclear program the idea suggests making limited concessions to tehran if it goes along with the demands of the international community the statement comes after talks between the u.s. secretary of state hillary clinton and russia's foreign minister sergei lavrov during his visit to washington the two also touched up. hardly be in camp a with lavrov saying russia has less disagreement on the matter whether u.s. and with some european countries or he's going to stick out brings us more on this visit. with regards to leave both russia and the us have the view that colonel gadhafi must step down and that the leaders should be able to choose their future leader it's the path towards those aims that moscow and washington disagree on the world russia criticizes the scope of the into the foreign intervention in libya

possible sees the actions of the allied forces forces there as a violation of the un mandate minister lavrov said the resolution is being wrongly interpreted as anyone can do whatever they want foreign minister lavrov was also asked about why russia is blocking a u. and they should have to condemn the syrian president assad he said the attitude of the west is exclusively about exerting pressure on one of the parties namely the syrian government and president all side of moscow sees it as sees it as the wrong attitude question says it sends the wrong message to the syrian opposition prompting them to believe that if they were remain insistent in the situation keeps getting critical the west will come to help them the way it is happening in libya mr lavrov said it's unacceptable that the opposition to resort to violence agitating peaceful protesters into engaging in armed clashes and in fact of lead turning them into targets for the police and security forces take a listen going to deploy more diplomacy exists not to condemn and score political

points diplomacy exists to solve problems and make it condemnation without proposing any solution leaders to any breakthrough neither in syria nor in any other place is a good example of how we are all dealing with the situation in yemen no one's tripos into condemning anyone or adult the u.n. security council resolution supporting one or another signs everyone is. down and hold negotiations dance a responsible approach that we hope will prevail. well to read more about their dream during sergei lavrov visit to washington log on to our website r.t. dot com along with other news videos and blogs here's a taste of what's why right now. find out why a monument to the first manned space here could be unveiled a riot at the very heart of london. and it's a happy ending for an escaped boa constrictor which brought fear when i was last in

russia city after winning red dot com to learn how the two meter long snake slipped away in the first place. it was a turbulent session in the israeli parliament as a prime minister himself had to fan the new bill outlawing consumer boycotts of products from settlements on occupied palestinian territory the law imposes high fines on boycott organizers and allows settlers to sue them for compensation opponents have called it a blow to israeli democracy and freedom of speech one peace movement called has petitioned to the high court against the new law the bill has pushed the already distant possibility of peace talks with the palestinians even further away and that's the view off. a spokesperson for the solidarity movement. obviously this is not only a ninety democratic law but it also shows that in a sense in a very deep sense the settlements are. a large part of their legitimate both in the international community and in the newsroom because that is the only that is the

only reason why you need to sanction search such petitions as the boycott petitions by the current regime in israel is not really interested in promoting a very big peace accord with the palestinians this move is not only another bash in the face. of the chances. to reach a peace accord but also. in a certain sense to a very strong. diligent unwavering. israeli peace that is fighting for the events were just such a short. time after the business of data was made to stay with us. and in a warm welcome to business out the markets around the world are coming under renewed pressure over fears that the u.s. could lose its top notch credit rating moody's investor service is frightening to downgrade the u.s. troops of political deadlock over raising the state's debt ceiling and to join me

in to discuss this issue is. senior analyst from the investment bank is going to thank you so much for being with us so let's just imagine a political solution has not been found in two weeks or even three do you think moody's and standard and poor's will actually go ahead and cut the credit rating for the united states. well thank you for inviting me well i believe it's very unlikely. one might be a major reason these bad. the fact that the new just supposed to downgrade us by the mean of july this is the time where the consensus in the region well as we know now it's just been delayed and it's the next time the next time it is for the next for this weekend. for richard this is i just waiting for the final decision to be made which is likely to be maybe in the near term. what if

hypothetically actually this decision is not made then they're forced to to make this cut or not. well if that will happen we need to point to analyze and go have among the financial markets obviously you're talking about one notch downgrade from some from double from aaa to believe that will result in thirty five people rising c.d.s. man two percent decline in the treasury's times and worst possible way as you head into the german porn's the safe instruments and obviously on the commodities despite sending in dollars. it's all depends on their actual decline in the ratings which you've got to happen and we have to see how they cope we've been through the crisis and the ratings were left unchanged if they're caught right now or soon or later what could be the consequences for the markets for the global

economy. well if the. if the if the country will be downgraded all default trying you referring to. when we're talking about the united states. here i'm looking at the downgrade right here talking about the actual downgrade. and then once again it depends on the level of downgrade if we're talking about default obviously there will be a sort of a cover says for the fire from the financial markets again stance just don't dim scenario which is we can have a physical imagine. practically it just doesn't make sense right it's going there from the investors point of view we're seeing debt problems in the united states we're seeing their problems in europe does this make emerging markets such as russia more attractive. well it does make them attractive from the greater perspective obviously because russia is one of the least leverage countries in this and the just the serious and emerging space and given the become

a little bit bands. are just vast just likely to continue to grow this is obviously one of the most attractive investment songs obviously europe europe asia led by japan and us the most of which i believe is the track to. therefore in that sense from the us from the british perspective russia is very much track to but obviously on the global scale the marshall markets are guided by the. big three which is the u.s. europe and japan so all eyes. sounds all right with just one final question is right now in this time of uncertainty where do you put your money to make it to make sure that it's. well i'll say. all right.

thank you so much for being with us. and i'm afraid that's all we have time for this hour we will be back in fifty minutes time with plenty more plus the latest market schools you can also logon to our website. business the headlines are next.

in india oh geez available in the movie the joint peter jones. the gateway photo the grand imperial troy the george weston. you can a letter to her to say don't need to go. rather see the colonel was her job as

a retreat. there was an art to coming to live from moscow these are the top stories the official death toll from russia's pleasure cruiser disaster rises to one hundred nine people as divers make their final attempt to find those still missing while police arrest the owner of the company that ran it out of the bulgaria and the person who certified it seem worthy. america is threatened with a credit rating cut amid stonewalled budget talks dad says italy is the world's eighth largest economy scrambles to avoid going down the plug hole with greece. and washington a talks between russia's foreign minister and the u.s. secretary of states or deal of raw proposes a new step by step strategy towards iran that may bring to back to the negotiating table over its nuclear program. and rupert

murdoch's media empire abandons its bid to take over britain's largest settle i broadcasters a frenzy over newspaper hacking consumes politicians and points. over the top stories news continues at the top of the hour coming out though our special report on one of the most scenic regions in russia from wash woodland to mighty mountains is a by costly region presents a sight to behold discovering russia's next. region deep in the far east is one of russia's newest territories. two thousand and eight it brought together the chip. regions and with it a striking mix of asian and european culture. traveling around you can find buddhist temples spooling national parks and remote villages that still practice

traditions that date back a thousand years but if you're flying here in the regions vibrant capital. one of. course the best way to get to know is to have a local show you around. a bit of what. just over three hundred thousand people and it's a real mismatch of styles it's one of the only cities in russia that's based on a grid system and the downtown area has some beautiful european influence. the more soviet and industrial it becomes. if you don't. this is a great way to see the city. friends on the only bike isn't.